APRIL 08, 2022 — FRIDAY AM
The ES, NQ, BTC, and ETH are each showing early signs of rejection at yHI, which could lead to a test of yMID ahead. Failure to hold yMID opens up yLO and becomes a bearish outside day. Above wLO in the NQ begins to squeeze, but that level has been strong resistance since Wednesday. Crude Oil has shown early signs of rejection of prices below 94, which could slingshot price back to upper resistance at 106 ahead.
Cheers!
Frank Ochoa
Author, Secrets of a Pivot Boss
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